IBM sees shift in client spend priorities, withdraws annual forecast – Finance- Tempemail – Blog – Emails

IBM’s clients have shifted priorities toward saving capital in recent weeks because of COVID-19, hitting software sales in particular, new chief executive officer Arvind Krishna said as the company withdrew its 2020 annual forecast. The company’s shares fell about 3.3 percent in after-market trading. Krishna said the shift to remote work is accelerating the move […]